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Filing year 2024

PREP FOR PREP

New York, New York·EIN 13-2613383·NTEE B110 · Education·501(c)(3)
Total revenue
$11.2M
Total assets
$63M
Total expenses
$15.5M
Reported officers
92
Mission

PREP FOR PREP WAS ESTABLISHED IN 1978 WITH THE OBJECTIVE OF PROVIDING EDUCATIONAL ACCESS AND OPPORTUNITY TO NEW YORK CITY'S MOST PROMISING STUDENTS TO ENABLE THEM TO BECOME LEADERS IN THEIR COMMUNITIES AND IN THE COUNTRY'S MAJOR INSTITUTIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in New York.

CEO Through 11/15/24
75th to 90th percentile
$424k
$459k
Base
$405k
Bonus
Other
Benefits
$490
CEO From 11/18/24
75th to 90th percentile
$315k
$340k
Base
$284k
Bonus
Other
Benefits
$12k
Chief Operating Officer
75th to 90th percentile
$275k
$297k
Base
$245k
Bonus
Other
Benefits
$12k
Director of Development an
75th to 90th percentile
$253k
$274k
Base
$230k
Bonus
Other
Benefits
$476
Director of Academic Progr
Highest Compensated Employee
75th to 90th percentile
$240k
$260k
Base
$209k
Bonus
Other
Benefits
$12k
Director of Admissions
Highest Compensated Employee
Median to 75th percentile
$224k
$242k
Base
$192k
Bonus
Other
Benefits
$17k
Director of Leadership Dev
Highest Compensated Employee
Median to 75th percentile
$216k
$233k
Base
$185k
Bonus
Other
Benefits
$14k
Director of Post-placement Counseling
Highest Compensated Employee
Median to 75th percentile
$194k
$210k
Base
$168k
Bonus
Other
Benefits
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 84 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PREP FOR PREP equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 2%
from 2023

From $433k in 2023 to $424k in 2024.

$433k
2023
$424k
2024
In today's dollarsEst.
Down 6% in real terms$486k to $459k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 2% from 2023 to 2024, while revenue fell 22%.

$433k in 2023 to $424k in 2024.
  • Chief Operating Officer pay rose 5% from 2023 to 2024.
  • Chief Development Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PREP FOR PREP

What does the Chief Executive Officer of PREP FOR PREP earn?

In 2024, the Chief Executive Officer of PREP FOR PREP received $424,122 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PREP FOR PREP compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2024 pay of the Chief Executive Officer at PREP FOR PREP falls between the 75th and 90th percentiles. In 2024, the highest total compensation at PREP FOR PREP equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are PREP FOR PREP's revenue and expenses?

In 2024, PREP FOR PREP reported $11.2M in total revenue and $15.5M in total expenses on its IRS Form 990.

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